Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on Covid-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat quarterly sales estimates on an e-commerce boost.
In the role, Morrison "will be responsible for ensuring that the company has the right practices in place to attract and retain a workforce that is as diverse as the communities where we live and work," Levi's said.
Levi Strauss & Co. announced on Tuesday a series of leadership changes, which is expected to allow the brand to increase its focus on direct-to-consumer (DTC) and prioritize the digitization of its business.
Levi Strauss & Co announced plans to expand its retail footprint and forecast a smaller-than-expected decline in current-quarter revenue after surging online sales helped the denim maker post a surprise profit.
Levi Strauss & Co on Tuesday cautioned its business would be hit in the second half of the year, even as the brand’s sales have been improving at its reopened stores, following government-mandated Covid-19 lockdowns.
Levi Strauss & Co said on Tuesday a majority of its stores in China, where the coronavirus outbreak first emerged in December, were open with sales recovering on a weekly basis and digital sales rising last month.